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OceanaGold (TSX:OGC) Debt-to-Revenue : 0.24 (As of Mar. 2024)


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What is OceanaGold Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

OceanaGold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$51 Mil. OceanaGold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$292 Mil. OceanaGold's annualized Revenue for the quarter that ended in Mar. 2024 was C$1,464 Mil. OceanaGold's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.


OceanaGold Debt-to-Revenue Historical Data

The historical data trend for OceanaGold's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OceanaGold Debt-to-Revenue Chart

OceanaGold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.63 0.50 0.26 0.23

OceanaGold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.21 0.27 0.22 0.24

Competitive Comparison of OceanaGold's Debt-to-Revenue

For the Gold subindustry, OceanaGold's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OceanaGold's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, OceanaGold's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where OceanaGold's Debt-to-Revenue falls into.



OceanaGold Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

OceanaGold's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(46.688 + 264.295) / 1376.884
=0.23

OceanaGold's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(51.301 + 292.378) / 1463.512
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


OceanaGold Debt-to-Revenue Related Terms

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OceanaGold (TSX:OGC) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering strong returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.
Executives
Liang Tang Senior Officer

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